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Platts cuts India's 2021 oil demand by 28%; sees crude topping $70

However, once the lockdowns are lifted, Platts expects the pent-up demand to get released, which in turn will act as a catalyst for economic growth

PowerGrid Infrastructure Investment Trust ends debut trade at 3% premium

The IPO, which concluded on May 3, was subscribed 4.8 times. The IPO was priced between Rs 99 and Rs 100 per unit. The InvIT had raised Rs 7,735 crore

New SIP registrations down 16% sequentially in April on Covid impact

Industry participants say that distributors have been facing difficulty to reach out to newer clients particularly in the rural areas

Robust sustainable solutions segment to drive growth for UPL in FY22

Market share gains, margin improvement are other positives for the stock

Sponsor investments in IFSC AIFs to come under the automatic route

RBI relaxation to allay round tripping concerns associated with sponsor commitment and shorten fund set-up time in IFSC

40 stocks take up three-fourths of institutional equity ownership in India

LIC's portfolio was the most concentrated, with 40 stocks accounting for 81%. RIL, TCS and ITC were its top picks

Sebi objects to Securities Appellate Tribunal missing key member

Tribunal has taken opinion of senior counsel in the matter

Federal Reserve unlikely to change its stance in the near term: Analysts

Say volatility in India and other markets due to inflationary pressure in the US likely to be transitory

Insurance companies can provide cover to investors in tough times

Firms will gain if they do a balancing act between claims and income

Oil prices on track for near two-year high on rising demand outlooks

Brent futures rose $1.12, or 1.6 per cent, to $69.67 a barrel by 10:44 am EDT (8.14 pm IST), while US West Texas Intermediate crude rose $1.10, or 1.7 per cent, to $66.38

New CEO at Godrej Consumer Products drives a sharp rerating for the stock

The stock gains 21 per cent; improvement in financial metrics key to sustain show

L&T's Q4 revenue expected to grow on the back of higher execution

Rising commodity prices may weigh on profitability

Despite Covid cases surge, Indian stocks turn pricier vs emerging peers

The MSCI India Index has beaten a broader gauge of developing nation shares by about 5 percentage points in 2021

IPO boom: $140.3 billion raised globally via 670 offers in 2021

At 670, the number of issues / IPOs in the first five months of CY21 is the second-highest since the calendar year 2000 when 677 IPOs hit the Street globally.

MSCI rejig to trigger $350 mn ETF inflows after adjustments, say analysts

Three Adani group among six stocks added to the Global Standard Index

Global inflation concerns pull down markets; Sensex falls 471 points

The Nifty ended the session at 14,696, with a decline of 154 points, or 1 per cent.

Sensex lags Nifty in 2021 as financial skew, absence of metal stocks weigh

On YTD basis, BSE benchmark is up 1.97%, while Nifty has gained 5.11%

Fintech firm Groww enters Rs 32-trillion MF space with Indiabulls purchase

Groww said Sebi's recent change in sponsorship criteria for fintech companies has enabled it to enter into the asset management space

Expensive valuations may cap near-term upside in chemical stocks: Analysts

However, they remain positive on the sector's long-term growth story on the back of ramp-up in China's environmental inspections and specialty chemical players having a healthy margin of safety

Sensex, Nifty snap 4-session rally amid global selloff; HDFC twins weigh

Profit-booking in banking, finance and metal counters further weighed on bourses, traders said